Maximizing Your Profitability for Long-Term Success

Whether you are a real estate investor, a general contractor, or an engineering firm, your success depends on growing your business and your network despite market fluctuations, tax regulations, and compliance standards. DiSanto, Priest & Co. already represents many of New England’s top real estate investment and construction firms, so we are fully equipped for the job.

At DiSanto, Priest & Co., we lay the foundation for your success with our full-service approach and commitment to the Real Estate & Construction industries. With our experience and extensive resources, we help you maximize profitability for long-term success and, for real estate investors, provide guidance through the entire lifecycle of your investment. Our unique hybrid tax, assurance, and advisory services were designed for Real Estate and Construction firms like yours. As your business grows, our local CPAs custom-fit specialized tax, audit, and advisory services grow with you.

Helping You Achieve Sustainable Growth

You have ambitious goals for your Real Estate or Construction firm, but as with any business, there are growing pains. Whether it’s seeking financing, a lack of available work, or adhering to federal and state compliance standards as you start new jobs, the future of your company depends on the foundation you lay today for your future goals. Life’s too short. Plan proactively so you can enjoy today instead of worrying about tomorrow.

Our Real Estate CPAs Make Your Success Our Business

We’re one of Rhode Island’s top accounting firms, and we pride ourselves on understanding the Real Estate and Construction industry and leveraging our extensive resources and affiliates to help you reach your goals. Our network of experienced professionals offers valuable knowledge on the unique compliance and economic changes that impact your industry every day. We’re also a member of local Real Estate and Construction organizations, including Building Owners & Managers Association, Rhode Island Builders, and Institute of Real Estate Management. Because you don’t need just another accounting firm – you need a relevant advisor who specializes in Real Estate accounting.

Mitigating Risks and Costs in the Construction Industry During Uncertain Times
As the pandemic continues, construction companies should take various steps to mitigate risks and costs while adhering to new compliance mandates.
Read More
Can Your Business Benefit from the Work Opportunity Tax Credit?
There has never been a better time for businesses to determine their eligibility for the employment-based Work Opportunity Tax Credit (WOTC).
Read More
Step-up in Basis in Real Estate
A step-up in basis is the readjustment of the value of an appreciated asset, such as real estate, for income tax purposes upon inheritance.
Read More
1031 Exchange – Is It Right for You?
Do you own a piece of real estate whose fair market value is greater than its basis?  Are you contemplating selling and buying another? A 1031 Exchange may be for you! If you are contemplating a like-kind exchange, at Disanto, Priest & Co. we would be more than happy to assist you.
Read More
Physical Presence No Longer Required for Sales Tax
In a 5 - 4 decision, the Supreme Court ruled in favor of state authority to require online retailers to collect sales taxes without regard to physical presence in the state. Although states stand to gain much-needed tax revenues, there may be consequences for online retailers that do business in multiple states.
Read More
Taking Control of SOC Report Requests & Distribution
One of the ways firms and their business clients are utilizing a clearinghouse is for SOC report distribution – a process that is becoming more challenging to manage as an increased focus on third-party controls has led to a rise in requests for reports.
Read More
Authenticated Financial Information
There is growing demand today for accurate, authenticated financial information. While technology has positively impacted the speed and accessibility of information, it has also created new ways to alter and compromise information.  
Read More
How to Assess Your Company's Financial Health
We receive regular checkups to monitor, maintain, and improve our health. But did you know that you should do the same for your company?
Read More
The Importance of Strategic Planning
Is your company future ready? We are living in a time of rapid change around the world. Consider a Strategic Planning Engagement to ensure success.
Read More
New Year and New Tax Laws Bring Change to Estates and Gifts
As we continue to welcome in the first quarter of 2018 and the new tax bill, let's take a quick look at what has changed and what remains the same.
Read More
Tax Reform Highlights Affecting Real Estate and Construction Taxpayers
President Donald Trump signed into law the Tax Cuts and Jobs Act (TCJA), the most significant tax law overhaul in 31 years. Read some highlights here.
Read More
Property Management
SALT, (State and Local Taxes), has become a familiar term for business owners that operate in multiple states; however, taxes are not the only area of compliance that businesses that operate over state borders need to be concerned with.
Read More
Is Your Business' Workforce on the Move?
Many companies are expanding their business transactions across state borders and finding themselves operating with a mobile workforce.  With many states aggressively attempting to find ways to close their budget deficits, these expanding companies become a means of generating new sources of revenues.
Read More
Do You Qualify for the Rebuild Rhode Island Tax Credit?
Do you have a real estate project that is not able to raise sufficient funding? Do you have a project at risk of having to relocate to another state? Rebuild Rhode Island may be the answer! The Rhode Island Commerce Corporation, through the Rebuild Rhode Island Tax Credit Act, can provide incentives such as tax credits, loans or equity investments to eligible Projects!
Read More
179D – The Energy Efficient Commercial Building Deduction
The section 179D tax deduction was passed by Congress in 2005 as part of the Energy Policy Act.  It allows qualifying building owners and businesses to receive a tax deduction of up to $1.80 per square foot for their energy efficient buildings or significant improvements placed in service during all open tax years.
Read More
One More Reason to Expand your Tech Business in Rhode Island
Are you currently operating a business in Rhode Island and looking to expand?  Perhaps you have a business outside of RI that you’re looking to relocate.   Rhode Island, in an effort to attract and retain new and existing businesses, enacted the New Qualified Jobs Incentive Act in 2015 and has already awarded several job creators significant annual, redeemable tax credits that have allowed them to make expanding or relocating to RI more financially feasible. 
Read More